According to a leading landlord mortgage broker, the first quarter of
\n2013 has seen a surge in the number of landlords seeking new finance
\ndeals in order to buy new properties. This increase reflects how
\nconfident experienced buy to let landlords are that the current
\nmarket conditions are unlikely to change any time soon.<\/p>\n
Remortgaging deals<\/strong><\/p>\n Refinance mortgages only represented 43% of landlord finance<\/a> deals at Will this trend continue?<\/strong><\/p>\n The signs are certainly looking good. The country is still in the Mortgages and lenders<\/strong><\/p>\n At one stage it was quite difficult to find lenders willing to offer According to a leading landlord mortgage broker, the first quarter of 2013 has seen a surge in the number of landlords seeking new finance deals in order to buy new properties. This increase reflects how confident experienced buy to let … Continue reading
\nthe end of 2012. This figure has now risen to 69%, which is a very
\nlarge piece of the pie. Other figures show that refinancing deals on
\nHouses in Multiple Occupation (HMOs) are now becoming increasingly
\ncommon, as landlords seek to cash in on the demand for rental
\naccommodation.<\/p>\n
\ngrip of a tough economic climate and the demand for rental
\naccommodation is far outstripping supply in many areas, particularly
\nLondon and the South East. With this in mind, it is hardly surprising
\nthat landlords are hoping to cash in by trying to expand their
\nproperty portfolios. The more properties you have, the more you can
\nspread the risk of rent arrears and long void periods.<\/p>\n
\nfinance deals on buy to let properties, but with the increasing
\ndemand for rental properties<\/a>, more and more lenders are seeing the
\nlight. There are fewer mortgage products on offer now, but this has
\nmore to do with the fact that lenders are streamlining their products
\nrather than making it more difficult to borrow money.<\/p>\n","protected":false},"excerpt":{"rendered":"